30 Banks Hit Recapitalisation Target - CBN   The Central Bank of Nigeria (CBN) has officially confirmed that 30 banks have successfully met the new minimum capital requirements under the ongoing banking sector recapitalisation programme. The announcement was made on Thursday by CBN Governor Olayemi Cardoso during...

In a world of fragile emerging markets and volatile capital flows, credibility is currency. And under Governor Olayemi Cardoso, the Central Bank of Nigeria (CBN) has rebuilt Nigeria’s most important economic asset, trust.

Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria launched an ambitious recapitalization program designed to fortify the banking sector against global shocks and domestic volatility.

President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.

The Central Bank of Nigeria (CBN) has announced plans to raise ₦850bn through a fresh Treasury Bills auction on March 11, 2026, bringing the total raised within one week to about ₦2 trillion.

The Central Bank of Nigeria (CBN) has directed all commercial banks to conduct stress tests from April 1, 2026, as the March 31 recapitalisation deadline approaches.